Dear Economist,
One point, which I think you touched slightly upon but did not go far enough, is the reason why the president E. Rakhmon refused to let RuSal to enter the Rogun project. I believe the true reason to refute RuSal's involvement would be RuSal's stake in the Talco. Since E. Rakhmon with impunity pockets the profits from Talco, RuSal involvement will mean the outside interference into Rakhmon's secret off-shore accounts. This is far more true reason than rejecting RuSal's proposal for lowering the length of the dam. Thank you.